Braves Assure Fans Of New Ballpark Safety Subcontractors Petition MFSA Over U.S. Bank Stadium True North Prepared To Expand MTS Iceplex St. Louis Business Execs Stay Quiet On Rams Stadium Temporary Tarp Place Over Roof At U.S. Open Dolphins Unveil Sun Life Stadium Renovations Louisville Announces Stadium Expansion Plan Lexus Gets Dallas Arena's Platinum Level Name DraftKings Inks Deals With Cowboys, Chiefs, Pats University Plans Threaten Downtown Cincy Project
BABY STEPS: TWO MAJOR AGREEMENTS HAVE HOUSTON PARK CLOSE
Published December 4, 1997
The Harris County Houston Authority took "two major steps" Wednesday toward ensuring that the cost of a new downtown ballpark will not exceed $250M, according to John Williams of the HOUSTON CHRONICLE. The authority "unanimously approved" a contract for "up to" $17.85M with K.C-based architects HOK and others to design the retractable roof stadium. The authority also unanimously approved a "tentative" deal with Houston-based Brown & Root to build the park for "no more than" $229.5M, with the firm and the authority to "share any savings equally." Brown & Root will get a "guaranteed" $7.5M to manage construction of the facility and, "in return, will guarantee any cost overruns." A final contract with Brown & Root is "likely to be approved" by December 15 (HOUSTON CHRONICLE, 12/4).